Gold Telegraph ⚡(@GoldTelegraph):You have 3 very interesting developments unfolding in the global gold market: Singapore: Its central bank has launched a service to store gold for foreign central banks, with a capacity of 500 tonnes. China: Beijing is courting foreign central banks to buy and store gold in China through the Shanghai Gold Exchange. Hong Kong: Authorities are seeking participation from foreign central banks in a new gold-clearing system, while aiming to expand gold storage capacity to over 2,000 tonnes. Watch this closely... A scramble is playing out.

2026.11.11 02:05

You have 3 very interesting developments unfolding in the global gold market: Singapore: Its central bank has launched a service to store gold for foreign central banks, with a capacity of 500 tonnes. China: Beijing is courting foreign central banks to buy and store gold in China through the Shanghai Gold Exchange. Hong Kong: Authorities are seeking participation from foreign central banks in a new gold-clearing system, while aiming to expand gold storage capacity to over 2,000 tonnes. Watch this closely... A scramble is playing out.